Justin Panarelli
Panarelli Properties, Inc.
(774) 300-3076
50 Total Sales
3 in Leicester
$408K - $520K Price Range
78 Lake Ave Leicester, MA 01524
Leicester AreaEstimated Value: $639,962
3
Beds
3
Baths
2,185
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Lake View
- Deck
- Medical Services
- Colonial Architecture
- Property is near golf course, public transit, and schools
About This Home
As of July 2025Enjoy full-recreation waterfront living on scenic Lake Sargent! This 3-bed, 3-bath home offers stunning lake views, a private dock, and direct water access for boating, fishing, swimming, and year-round fun. The spacious great room features hardwood floors with intricate inlays and sliders to a large deck—perfect for relaxing or entertaining. A beautiful spiral staircase leads to the second-floor primary suite, complete with a private balcony overlooking the lake, walk-in closets, full bath, and a loft ideal for a home office or reading nook. The updated kitchen boasts granite countertops and stainless appliances. Located on a quiet dead-end street just minutes from Worcester, this year-round retreat offers peaceful lake life with convenient commuter access. A rare opportunity—don’t miss it!
Last Buyer's Agent
Shawn DeMarzo
Venture
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,296
Year Built
- Built in 1934
Lot Details
- 6,861 Sq Ft Lot
- Private Waterfront
- Level Lot
- Irregular Lot
- Cleared Lot
- Garden
- Property is zoned R2
Property Views
- Lake
- Pond
- Scenic Vista
Home Design
- Colonial Architecture
- Contemporary Architecture
- Split Level Home
- Block Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,185 Sq Ft Home
- Insulated Windows
- Insulated Doors
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Partial Basement
- Interior Basement Entry
- Sump Pump
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Water Access
- Mooring
- Deck
Location
- Property is near golf course, public transit, and schools
Utilities
- No Cooling
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M:19A B:00000E9 L:0,1558165
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
Jul 31, 2025
Sold by
Bought by
Seller's Agent
Phillip Olivo
P & H Property Consulting, Inc.
Buyer's Agent
Shawn DeMarzo
Venture
List Price
$649,900
Sold Price
$625,000
Premium/Discount to List
-$24,900
-3.83%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,962
Avg. Annual Appreciation
2.39%
Original Mortgage
$500,000
Outstanding Balance
$495,185
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$144,777
Purchase Details
Listed on
Aug 26, 2022
Closed on
Dec 14, 2022
Sold by
Bought by
Seller's Agent
Renee Prunier
Lamacchia Realty, Inc.
Buyer's Agent
Shawn Towle
ERA Key Realty Services
List Price
$629,900
Sold Price
$525,000
Premium/Discount to List
-$104,900
-16.65%
Views
118
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Purchase Details
Closed on
Apr 8, 2020
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Leicester, MA
-
Justin Panarelli
-
Hometown Team
Hometown Team
Real Broker MA, LLC
(978) 709-2942
157 Total Sales
1 in Leicester
$635,000 Price
-
Kathryn Amorello
Kathryn Amorello
Coldwell Banker Realty - Worcester
(774) 468-7357
35 Total Sales
1 in Leicester
$840,000 Price
-
Elaine Evans Group
Elaine Evans Group
RE/MAX Generations
(774) 307-7101
155 Total Sales
3 in Leicester
$153K - $640K Price Range
-
Katie Bilotta
Katie Bilotta
ERA Key Realty Services - Worcester
(508) 552-9412
43 Total Sales
1 in Leicester
$510,000 Price
-
Lisa Caron
Lisa Caron
Lisa Caron Real Estate LLC
(774) 808-5023
97 Total Sales
1 in Leicester
$570,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $625,000 | -- | ||
| $525,000 | None Available | ||
| $103,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Previous Owner | $135,100 | ||
| Previous Owner | $20,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $625,000 | -3.8% | $286 / Sq Ft | |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- | |
| 05/22/2025 05/22/25 | For Sale | $649,900 | +23.8% | $297 / Sq Ft | |
| 12/15/2022 12/15/22 | Sold | $525,000 | -4.5% | $240 / Sq Ft | View Prior Sale |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- | |
| 11/01/2022 11/01/22 | Price Changed | $550,000 | -3.5% | $252 / Sq Ft | |
| 10/14/2022 10/14/22 | Price Changed | $569,900 | -0.9% | $261 / Sq Ft | |
| 10/04/2022 10/04/22 | Price Changed | $575,000 | -4.2% | $263 / Sq Ft | |
| 09/21/2022 09/21/22 | Price Changed | $599,900 | -4.8% | $275 / Sq Ft | |
| 08/26/2022 08/26/22 | For Sale | $629,900 | -- | $288 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,296 | $534,900 | $148,400 | $386,500 |
| 2024 | $6,025 | $480,100 | $134,600 | $345,500 |
| 2023 | $5,769 | $448,600 | $134,600 | $314,000 |
| 2022 | $5,056 | $361,400 | $128,400 | $233,000 |
| 2021 | $5,147 | $340,200 | $117,300 | $222,900 |
| 2020 | $4,458 | $299,000 | $108,700 | $190,300 |
| 2019 | $4,298 | $285,000 | $99,600 | $185,400 |
| 2018 | $4,315 | $268,200 | $99,600 | $168,600 |
| 2017 | $3,677 | $237,500 | $68,800 | $168,700 |
| 2016 | $3,353 | $225,000 | $74,300 | $150,700 |
| 2015 | $3,272 | $225,000 | $74,300 | $150,700 |
Source: Public Records
Agents Affiliated with this Home
-
Phillip Olivo
Seller's Agent in 2025
Phillip Olivo
P & H Property Consulting, Inc.
(508) 735-4956
32 Total Sales
-
Heidi Olivo
Seller Co-Listing Agent in 2025
Heidi Olivo
P & H Property Consulting, Inc.
(508) 410-5445
5 Total Sales
-
S
Buyer's Agent in 2025
Shawn DeMarzo
Venture
-
Renee Prunier
Seller's Agent in 2022
Renee Prunier
Lamacchia Realty, Inc.
(508) 922-6773
61 Total Sales
-
S
Buyer's Agent in 2022
Shawn Towle
ERA Key Realty Services
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73378864
APN: LEIC-000019AE000009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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